Shrimpy.io Reviews: Is Shrimpy.io to be trusted? Or is Shrimpy.io unreliable? Because we are concerned about the financial safety of our readers, we did extensive research and made a review on Shrimpy. Please read our review before you decide if you should throw your time, expectation, and money into this trading platform.

What Is Shrimpy.io?

Shrimpy is a social trading platform for cryptocurrency. With their smart and automated platform, they offer to help traders build their portfolio, strategy, track performance, and monitor the market.

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Their contact information is:
Email: [email protected]

Shrimpy Reviews
Shrimpy Homepage

How Does Shrimpy.io Work?

Shrimpy claims to be give all traders, despite their level of experience, a trading platform that would enable them trade like pros. They offer a demo software where traders can get familiar with the concept of trading, test new trading strategies, and build their confidence, before they put in money.

In addition, Shrimpy’s social trading, also known as copy trading, allows traders to copy trading strategies from experienced traders, for free. And this improves the chances of a novice trader. On the other hand, a trader whose strategy gets copied, is offered $4/month for each person that copied their strategy.

For holders, Shrimpy.io is free to use. But professional traders are required to pay a monthly charge of $13 for an annual plan.

The supposed assurance and profitability of trading with Shrimpy would be attractive to any trader. But should you trust Shrimpy.io?

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What We Found about Shrimpy.io!

Shrimpy supports, at the time of writing this, sixteen exchanges: Binance, Kraken, KuCoin, Huobi Global, Gemini, Bibox, BitMart, HitBTC, OKEx, Bitstamp, Bitfinex, Poloniex, Binance US, Coinbase Pro and BitTrex.

Pros:

  1. Their platform is easy to use, with a neat user interface.
  2. Shrimpy offers a demo account.
  3. They’ve been operating for two years now and we haven’t received a bad review from unsatisfied clients yet.
  4. Supports trading opportunities in a variety of exchanges.
  5. Website security measures up to industry standard.

Cons:

  1. Does not offer 100% financial security. You could still run loses.

Verdict!

Shrimpy.io, despite seeming reliable, should be approached with caution. There is always a risk factor in any trading, and also a possibility of loss. False assurances of stable profit and no loss is enough reason to be suspicious of them.

There are many untrustworthy trading websites on the internet promising get rich quick options. Most people attracted by these “too good to be true” ROIs from these sites have invested their money expecting profit but lost everything in the end.

You do not have to become one of them to learn from their experience. It is unfair to fall victim to fraud and lose the money you earned from honest work. Fact checking should be a priority before you throw in money into any online trading scheme.

By Zino

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